In this article, we will discuss the 5 biggest lottery companies in the world. If you want to read our analysis of the global lottery industry and learn about some of the biggest lottery companies in the world, you can take a look at 10 Biggest Lotteries In The World.
5. ZEAL Network SE (ETR:TIMA.DE)
Market Cap as of November 8: $607.97 Million
Number of Hedge Fund Holders: N/A
ZEAL Network SE (ETR:TIMA.DE), headquartered in Germany, is one of the world’s leading online lottery providers. The company offers a portfolio of popular lotteries, including Eurojackpot, Lotto 6aus49, Glücksspirale, and Keno. ZEAL Network SE (ETR:TIMA.DE) also provides lottery technology and services to third-party operators. As of November 8, ZEAL Network SE (ETR:TIMA.DE) is worth $607.97 million on the open market and is ranked high among the biggest lotteries in the world.
ZEAL Network SE (ETR:TIMA.DE) has a number of competitive advantages that make it a strong competitor in the lottery industry. The company has a strong presence in the German online lottery market which gives it a first-mover advantage in the country and allows it to capture a significant share of the market. The company has a strong financial position which gives it the flexibility to invest in new products and marketing initiatives to drive growth. ZEAL Network SE (ETR:TIMA.DE) has free cash flows of $31.2 million.
4. International Game Technology PLC (NYSE:IGT)
Market Cap as of November 8: $4.94 Billion
Number of Hedge Fund Holders: 34
International Game Technology PLC (NYSE: IGT) is a global gaming technology company specializing in the design, development, manufacture, and distribution of casino gaming products and services. The company has three business divisions: Global Lottery, Global Gaming, and Digital & Betting. The company has operations in leading lottery markets such as North America, Europe, the Middle East, and the Asia-Pacific, and is expected to grow its market share as the lottery business takes off. International Game Technology PLC (NYSE: IGT) is ranked among the biggest lotteries in the world. As of November 8, the company has a market cap of $4.94 billion.
On October 10, International Game Technology PLC (NYSE:IGT) announced that it will provide the Oregon Lottery its video lottery account-based cashless solutions via its Intelligent central system. This will enable the Oregon Lottery to facilitate cashless technologies on over 11,500 video lottery terminals across Oregon.
As of June 30, Two Sigma Advisors is the most prominent investor in International Game Technology PLC (NYSE:IGT) and has stakes worth $34.6 million in the company.
Follow International Game Technology (TSE:IGT)
Follow International Game Technology (TSE:IGT)
3. Light & Wonder, Inc. (NASDAQ:LNW)
Market Cap as of November 8: $5.24 Billion
Number of Hedge Fund Holders: 27
Light & Wonder, Inc. (NASDAQ:LNW) is a leading global developer of game content and technology for the gaming and lottery industries. The company has over 5000 employees worldwide. Light & Wonder, Inc. (NASDAQ:LNW) provides a complete solution for lottery and gaming organizations, from game design and development to managing the distribution of lottery products and services. The company also offers a complete range of online and mobile gaming products and services for lottery, casinos, sports betting, and social gaming operators. As of November 8, Light & Wonder, Inc. (NASDAQ:LNW) is valued at over $5.24 billion and is poised to grow its market share in the lottery industry. The company is among the biggest lotteries in the world.
On August 10, Craig-Hallum analyst Ryan Sigdahl revised his price target on Light & Wonder, Inc. (NASDAQ:LNW) to $90 from $105 and maintained a Buy rating on the shares.
As of June 30, Fine Capital Partners is the most prominent shareholder in Light & Wonder, Inc. (NASDAQ:LNW) and owns over 9.4 million shares of the company, which amounts to a stake of $445.4 million.
Follow Light & Wonder Inc. (NASDAQ:LNW)
Follow Light & Wonder Inc. (NASDAQ:LNW)
2. La Française des Jeux Société anonyme (OTC:LFDJF)
Market Cap as of November 8: $6.38 Billion
Number of Hedge Fund Holders: N/A
La Française des Jeux Société anonyme (OTC:LFDJF) is a France-based lottery company. The company is the only operator of lottery games in France and is one of the largest lottery operators in the world. The company’s portfolio includes Loto, Euromillions, and Keno among other biggest lottery games. La Française des Jeux Société anonyme (OTC:LFDJF) has a strong brand name recognition in France and the world and has a long history in the lottery industry that dates back to the 1930s. The company has an extensive distribution network in France which includes 30,000 retail outlets. As of November 8, La Française des Jeux Société anonyme (OTC:LFDJF) has a market cap of $6.38 billion and is ranked high among the biggest lotteries in the world.
On August 1, Deutsche Bank analyst Simon Davies revised his price target on La Française des Jeux Société anonyme (OTC:LFDJF) to EUR 39 from EUR 41.30 and reiterated a Hold rating on the shares.
1. DraftKings Inc. (NASDAQ:DKNG)
Market Cap as of November 8: $5.63 Billion
Number of Hedge Fund Holders: 27
DraftKings Inc. (NASDAQ:DKNG) is a leading provider of online sports betting and gaming services. The company has operations in over 17 countries and has started to make inroads in the lottery industry. On January 12, 2022, DraftKings Inc. (NASDAQ:DKNG) became the official provider of the Oregon Lottery. With the digitization of the global lottery industry, DraftKings Inc. (NASDAQ:DKNG) is expected to grow its market share and maintain its industry-leading position in the digital sports and gaming industry. The company is worth $5.63 billion, as of November 8, and ranks among the biggest lotteries in the world.
On October 12, Benchmark analyst Mike Hickey revised his price target on DraftKings Inc. (NASDAQ:DKNG) to $23 from $30 and reiterated a Buy rating on the shares.
As of June 30, HG Vora Capital Management owns 2.5 million shares of DraftKings Inc. (NASDAQ:DKNG) and is the largest shareholder in the company. The fund’s stakes are valued at $29 million in the company.
Follow Draftkings Inc.
Follow Draftkings Inc.
You can also take a look at 10 Stocks That Pay Dividends Monthly and 15 Biggest Global Construction Companies.
